Mexico

BBVA Mexico Joins Ant Group’s Blockchain-Based Trading Platform Trusple

BBVA has signed an agreement to integrate its cross-border payment and financing services on Trusple, a blockchain-based trading platform powered by Alibaba’s affiliate Ant Group, for greater transparency and security. Trusple aims to accelerate the digital transformation and facilitate the

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Latin America Sees Booming Digital Banking Sector with Brazil at the Lead

Over the last few years, digital banking in Latin America (Latam) has experienced extraordinary growth on the back of changing customer needs, expanding technological penetration and rapidly evolving regulatory standards. Since 2017, the number of digital banks has more than

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Brazil and Mexico Emerge as Top Fintech Countries in Latin America

Though the growth of fintech in Latin America (Latam) started later than in other region, it quickly picked up stream. Today, Latam is experiencing an explosion of fintech activity that’s being fueled by rising demand for online banking tools, encouraging

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Mexican Fintech Credijusto Acquires Banco Finterra for Under US$50 Million

Credijusto, a Mexican lending platform for small businesses, announced the acquisition of a local bank Banco Finterra which specialises in financing solutions for small businesses and the agriculture sector. According to Reuters, Credijusto acquired the regulated bank in a deal

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Neobanks Come for Kids and Teens

Neobanks and digital banks have set new standards in customer experience and expectations, pushing incumbents to get out of their comfort zone and innovate. After accumulating an estimated 39 million users worldwide, neobanks are now coming after the next generation,

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An Overview of South America’s Booming Neobanking Sector

South America has seen an exceptionally dynamic evolution of its neobanking landscape, with now more than 30 live neobanks and digital banks that serve over 50 million customers out of the region’s 430 million+ population (+11%), data from Dutch fintech

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What 2021 Holds for Fintechs and Challenger Banks in Mexico

In 2021 we will harvest the seeds of the accelerated adoption and development in technology that 2020 forced upon us. The fintech industry took a leap forward with the user base growing significantly. This will lead to more demands for

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Rapyd Expands Card Acquiring Capabilities in Europe

Rapyd, a fintech-as-a-service company, announced a major expansion of its European platform, adding end-to-end card acquiring capabilities to its payments capabilities. Rapyd now offers a full stack payment acceptance capabilities in Europe including card acceptance through Mastercard and Visa, and

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New Report Sheds Light on Booming Challenger Bank Market

The challenger bank trend first emerged in Europe and has progressively gained traction in all parts of the world. Today, challenger banks are growing significantly and attracting big money. According to FT Partners’ newly released The Rise of Challenger Banks:

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Lykke opens Latin American subsidiary in Mexico

Lykke, a Swiss Fintech company building a global marketplace on the blockchain, announces the grand opening of Lykke de México S.A. de C.V., a Mexican subsidiary designed to bring the unique Lykke trading experience to the Latin American market. “We

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